Page 419 - City of Westlake FY20 Budget
P. 419

Section12 Appendix
                                                                           Ordinance to Adopt Budget


                                                  TOWN OF WESTLAKE

                                                   ORDINANCE NO. 892

               AN ORDINANCE  OF  THE TOWN COUNCIL OF THE TOWN  OF WESTLAKE, TEXAS,
               REVISING THE BUDGET FOR THE 2018- 2019 FISCAL YEAR; ADOPTING THE BUDGET
               FOR THE TOWN OF WESTLAKE, TEXAS FOR THE FISCAL YEAR BEGINNING OCTOBER
               1,  2019  AND  ENDING  SEPTEMBER  30,  2020  INCLUDING  INVESTMENT  POLICY,  PAY
               PLAN POLICY, FISCAL AND BUDGETARY POLICIES, RESTRICTED, COMMITTED AND
               ASSIGNED FUND BALANCES; PROVIDING AUTHORIZATION TO THE TOWN MANGER
               TO APPROVE APPROPRIATED FUNDS UP TO $ 50,000; PROVIDING THAT THE BUDGET
               TO BE KEPT IN CITY SECRETARY' S OFFICE; PROVIDING FOR A SEVERABILITY
               CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE.

                       WHEREAS, public notice of a public hearing on the proposed annual budget, stating the date,
               time, and place and subject matter of the public hearing, was given as required by the laws of the State of
               Texas and; and

                       WHEREAS, a public hearing was duly held and all interested persons were given an opportunity
               to be heard for or against any item therein on September 23, 2019; and,

                       WHEREAS,  as  required  by  Texas  Local  Government  Code  102.002,  the  budget  officer  has
               prepared a  municipal budget to cover the proposed expenditures of the municipal government for  the
               succeeding year; and,

                       WHEREAS, the Town Council finds that the passage of this Ordinance is in the best interest of
               the citizens of Westlake.

               NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF
               WESTLAKE, TEXAS:

                       SECTION 1: That, all matters stated in the Recitals hereinabove are found to be true and correct
               and are incorporated herein by reference as if copied in their entirety

                       SECTION 2:  That the Town Council hereby adopts the revised budget for the fiscal  year
               beginning October 1, 2018 and ending September 30, 2019 as shown within Exhibit "A."

                       SECTION 3:  That the Town Council does hereby approve the proposed Municipal Budget
               attached as Exhibit "A", adopting the budget for the fiscal year beginning October 1, 2019 and ending
               September 30, 2020.

                       SECTION 4: That the Town Council hereby gives the Town Manager authorization to approve
               any appropriated funds up to the amount of $50,000.






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